A. O. Smith (AOS) is Restructuring Water Treatment. Can It Earn Better Returns Beyond Water Heaters?

A. O. Smith Corporation (NYSE:AOS) has a dependable replacement water-heater business. The harder question is whether its distribution relationships and brand strength can produce attractive returns in water treatment. Softer residential demand and higher steel costs are testing that expansion while weakness in China weighs on group earnings. A. O. Smith Corporation (NYSE:AOS) trades at […]